A gauge of Asian equities fell amid a subdued tone in markets on Friday after Thanksgiving in the US. Treasuries rose as trading resumed after the holiday. Hong Kong-listed technology stocks led declines in Chinese shares as investors weighed recent gains against an upswing in Covid-19 infections and lockdown-like restrictions affecting swathes of Beijing. US stock futures advanced following commentary from Federal Reserve officials that supports the case a slower pace of interest-rate increases. The dollar headed for a fourth day of losses. Malaysia’s ringgit extended gains as the appointment of a new prime minister cleared the political gridlock that has gripped the nation since recent elections. The won inched higher after the central bank governor said he needs to see strong signs that inflation is under control before discussing any prospect of a pivot away from policy tightening. Yields on Japan’s benchmark 10-year bond rose one basis point to 0.25%, the top of the central bank’s target band, after Tokyo’s inflation picked up more speed to hit its fastest pace in 40 years. US markets were closed Thursday and will have a shortened session on Friday. Oil headed for a third weekly loss as the European Union weighs a higher-than-expected price cap on flows of Russian crude and slowdown concerns threaten the outlook for energy demand. Gold was poised for a modest weekly gain.
Nikkei -0.36% Hang Seng -0.86% CSI +0.45% Shanghai +0.39% Shenzen -0.52%
Eur$ 1.0421 CNH 7.1618 CNY 7.1593 JPY 138.52 GBP 1.2121 CHF 0.9432 RUB 60.5744 TRY 18.6166 WTI$ 78.51 +0.72% Gold 1,758 +0.15% BTC 16,375 -1% ETH 1,1175 -1.80%
S&P +0.25% Nasdaq +0.36% EuroStoxx -0.05% FTSE +0.12% Dax +0.
Macro :
- Global Growth to Be as Weak Next Year as 2009, IIF Forecasts
- China EV Maker Credit at Risk From Chip Spending to Catch Tesla
Keep an eye on :
- AIR FP : Airbus to Settle French Bribery Case Linked to Libya, Kazakhstan
- ALTR PL : Altri 9M Net Income EU117.4M Vs. EU90.4M Y/y
- ATL IM : ERG to Replace Atlantia in FTSE MIB From Nov. 29
- ERG IM : ERG to Replace Atlantia in FTSE MIB From Nov. 29
- DVO LN : Saria Agrees to Offer 316.1p Cash to Buy Devro
- EDF FP : French Energy Superprofit Tax to Cost EDF €5B in 2023: Echos
- FCAP LN : Panmure Gordon and finnCap End Deal Talks
- FORTUM FH : Fortum, Helen Studying Cooperation on Small Modular Reactors
- INTRUM SS : AB CarVal to Sell 37.5% Stake in Italian SPV to Kistefos
- MBG GY : Mercedes to Charge a $1,200 Fee to Make Its Cars Go Faster
- ROSE SW : Zur Rose to Discontinue Eurapon Brand, Close Bremen Site
- SSE LN : UK’s SSE Sells 25% Stake in Power Grid Unit for £1.5 Billion
- TSLA US : China EV Registrations Fall 20.9% M/m in October
- VOW GY : China EV Registrations Fall 20.9% M/m in October